Property summary
Exceptional opportunity to acquire a thriving retail business in Harrison, New Jersey, for $5,500,000. Established in 2005, this unique company boasts a strategic alliance with globally recognized brands and suppliers across apparel, footwear, handbags, fragrance, sporting goods, and home goods. The business model focuses on handling sales, distribution, packaging, and daily operations for these brands, generating a substantial gross margin revenue stream. This operation enjoys extensive global reach, servicing clients in the United States, Canada, Mexico, Japan, Korea, Taiwan, and Australia. The company holds vendor numbers with major retailers including Costco USA and International, Walmart/Sam's Club, and several significant big-box retailers in the Pacific Rim. Furthermore, the business actively participates in the secondary market, collaborating directly with Costco and Sam's Club's alternative sourcing channels to supply brands with products they cannot source independently. The company's strong relationships are evidenced by its biannual participation in invite-only meetings with Costco International, where products are presented and orders secured on-site. This turnkey operation presents a rare opportunity for significant return on investment in a well-established and expanding market. The property itself is a 1 square foot retail space located in Hudson County, NJ, zip code 07029. While the square footage is listed as 1, further clarification on the actual usable space is recommended.
Property profile
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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